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Liberty Bancshares company history timeline

1825

Established in 1825, Liberty Bank is one of the oldest and largest mutual banks in the country.

1889

Liberty Savings Bank, F.S.B., was founded in 1889 in Highland County, Ohio, when a group of businessmen pooled their funds to create the Lynchburg Building and Loan Association.

1902

The Bank of Elgin was established in 1902 as a state bank by J.A. Butler and F.R. Dykeman, with its building situated on Main Street.

1906

In 1906, a businessman and banker from Iowa named Wilbert W. Brunskill moved to Elgin and acquired the bank from Dykeman and Butler.

1908

Brunskill then sold the bank in 1908 and spent the next six years focusing on other local business affairs.

1914

In 1914, Brunskill reacquired the Bank of Elgin, serving as president and owner.

1984

The Powell family acquired the company in September, 1984, renaming it Liberty Savings Bank, a Federal Savings Bank.

1997

Fast forward to 1997, when another local businessman with a vision for growth and development, stepped into the picture.

2013

By 2013, Liberty National Bank’s assets topped $250 million.

2019

Martin J. Geitz, Executive Regional Director of Liberty Bank, was awarded the Hartford Business Journal's Lifetime Achievement Award in 2019.

In 2019, Liberty Bank was named to Forbes' first-ever "Best Banks in the World" list, ranking 4th in the United States.

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